Greece requires Bailout #3

[jpatter666]

Now for today's "bet you didn't see THIS coming" headline.

Greece will need a third bailout package from the euro zone, and the country's European creditors will have to find the money for it, according to a senior International Monetary Fund official.
"Greece will require additional financing, which may take the form either of official-sector involvement or of additional loans, hopefully on more favorable terms," Thanos Catsambas, an IMF alternate executive director, who represents Greece at the Fund's board, said in an interview.

http://online.wsj.com/article/SB1000...NewsCollection

or

http://www.zerohedge.com/news/and-to...adline-we-have

(BTW: anyone know what "gaaahhh" is in German? :-))

[doom&gloom]

Re: Greece requires Bailout #3

QEI for Greece too! It's the new thing you know.

All they need to do is reorganize the nation as a nation bank and get a US branch somewhere.

[astonas]

Re: Greece requires Bailout #3

(BTW: anyone know what "gaaahhh" is in German? :-))

That doesn't exactly need translation. ;) But perhaps it would be good to learn that "but" is spelled "aber".

http://www.spiegel.de/international/...-a-855640.html